Tax initiative could help low-income workers
Victims of Hurricane Katrina may be eligible for the earned income tax credit (EITC). If they qualify, they may claim the refund.
Former President Bill Clinton announces a tax initiative to help Katrina families. Millions of people meet the requirements for the EITC, which refunds payroll and income taxes to low-wage workers, but do not claim it. Some poor families can be credited as much as $4,400, depending on their earnings and number of eligible children. Details from The Associated Press/Newsday.
Related: Clinton Foundation
Tags: Earned Income Tax Credit, Katrina, Gulf Coast, African-American, News, Media by Sistrunk
4 comments:
That will be great for the deserving...
Weldone Bill Clinton. Very appreciative. That is what makes the difference.
I still want Bill Clinton as President! He is still loved by many.......
Hasan, Dr. Deb, Shi: I think that this tax credit will certainly benefit every familiy that qualifies.
Rose: Without a doubt, Bill Clinton remains very popular and influential in his private life. He also remains active on public policy issues. I don't see him fading into the shadows anytime soon.
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